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Developer of data analytics software for HVAC applications. The company's software algorithms enable enterprises to predict and detect operational defects in HVAC systems.
Last updated
In 2024, Carnot Innovations's revenue reached $730.9K. The company previously reported $295.3K in 2023. Since its launch in 2018, Carnot Innovations has shown consistent revenue growth.
Carnot Innovations reached a $2.2M valuation in 2025, set during its M&A Offer round.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $2.2M | - |
| Question | Answer |
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| What's your age? | - |
| Favorite online tool? | - |
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We do not have customer count information for Carnot Innovations yet.
Carnot Innovations employs approximately 18 people as of 2026, up from 12 in 2023.
Carnot Innovations generates an estimated $730.9K in annual revenue.
Carnot Innovations was founded by Ashish Justin.
The CEO of Carnot Innovations is Ashish Justin.
Carnot Innovations raised $0.
Carnot Innovations has 18 employees.
Carnot Innovations is headquartered in Wan Chai, Hong Kong Island, Hong Kong.
Carnot Innovations operates across multiple industries. Browse revenue, funding, and growth data for Carnot Innovations in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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Valuation
$2.2M
2024 Revenue
$730.9K(Est.)
Funding
$0
Team
18
Founded
2018
| Year | Milestone | Source |
|---|---|---|
| 2024 | Carnot Innovations Hit $730.9k revenue in October 2024 | Estimated |
| 2023 | Carnot Innovations Hit $295.3k revenue in December 2023 | Estimated |
| 2021 | Carnot Innovations Hit $82k revenue in April 2021 | |
| 2018 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 18 employees (October 2024) | |
| 2023 | Reached 12 employees (December 2023) | |
| 2022 | Reached 5 employees (December 2022) | |
| 2021 | Reached 4 employees (December 2021) | |
| 2021 | Reached 3 employees (April 2021) |
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